Indian Accounting Research Analyst, Trudence Capital Advisors

Nitin Mangal

Indian Accounting Research Analyst

Trudence Capital Advisors

Trudence Capital Advisors Private Limited is a SEBI-registered Research Analyst, holding SEBI registration number INH000015747. Our firm is dedicated to providing independent and unbiased research on Indian mid to large-cap companies. Trudence Capital is known for its counter-consensus views, with a focus on forensic research and on-ground primary investigations. Our research approach is thorough, involving detailed analysis of accounting practices and governance, alongside extensive channel checks.

Independent & Unbiased Research

Forensic Accounting

Shriram Pistons & Rings Ltd / Forensic Accounting

<ul>
<li>
<a href="https://www.smartkarma.com/entities/shriram-pistons-rings-ltd" target="_blank" data-smartkarma-citation="entities:44009:1" rel="noopener">Shriram Pistons &amp; Rings Ltd (SPRL IN)</a> is into the business of manufacturing auto components including pistons, piston pins and rings, engine valves, electric motors etc. </li>
<li>On an overall scheme of things, balance sheet and forensics look good and healthy. </li>
<li>However, one must pay attention to goodwill and related assumptions; one of the recent acquisitions has turned loss making.</li>
</ul>



Shriram Pistons &amp; Rings Ltd (SPRL IN) is into the business of manufacturing auto components including pistons, piston pins and rings, engine valves, electric motors etc. 
On an overall scheme of things, balance sheet and forensics look good and healthy. 
However, one must pay attention to goodwill and related assumptions; one of the recent acquisitions has turned loss making.


Shriram Pistons and Rings Ltd- Forensic Analysis

India

Shriram Pistons and Rigs Limited develops, manufactures, and sells industrial machinery parts. The Company offers diesel and gasoline pistons, pins, rings, and engine valves. Shriram Pistons & Rings markets its products worldwide.

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Shriram Pistons & Rings Ltd (SPRL IN)

Shriram Pistons and Rings Ltd- Forensic Analysis

Shriram Pistons & Rings Ltd manufactures auto components and has a healthy balance sheet, but caution is advised for goodwill and related assumptions

Nitin Mangal

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52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Shriram Pistons and Rings Ltd- Forensic Analysis

​Shriram Pistons & Rings Ltd manufactures auto components and has a healthy balance sheet, but caution is advised for goodwill and related assumptions

Nitin Mangal

Shriram Pistons & Rings Ltd manufactures auto components and has a healthy balance sheet, but caution is advised for goodwill and related assumptions